Garbage management firm Republic Services beats profit estimate on strong pricing, demand

Waste Management

13/02/2025 21:55

Feb 13 (Reuters) - Republic Services  RSG.N  beat
fourth-quarter profit estimate on Thursday, helped by higher
prices and steady demand for garbage collection and disposal.
    Waste Management  WM.N  and Republic Services are two
publicly traded companies, which provide garbage collection and
disposal services across the United States.
    Republic Services posted adjusted profit of $1.58 per share
for the quarter, compared with analysts' average estimate of
$1.40 per share, according to data compiled by LSEG.
    Revenue for the quarter ended December 31 rose 5.5% to $4.05
billion.
    The company said it expects to invest about $1 billion in
acquisitions in 2025.

 (Reporting by Nathan Gomes and Anshuman Tripathy in Bengaluru;
Editing by Shilpi Majumdar)
 ((Anshuman.Tripathy@thomsonreuters.com))